Shares of LG Energy Solution fall 6% after Ford retreats from EV push
Battery cells with the logo of LG Energy Solution are displayed at the company headquarters in Seoul, South Korea, April 23, 2024. REUTERS/Kim Hong-Ji/File Photo
SEOUL, Dec 16 : Shares of South Korean battery maker LG Energy Solution fell 6 per cent by 0554 GMT after customer Ford Motor said on Monday it is killing several electric vehicle models.
LG Energy peer Samsung SDI dropped 3.5 per cent and cathode maker Posco Future M plunged 8.2 per cent.
Source: Reuters
